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Margarita [4]
3 years ago
15

What do you call a franchise owner’s share of earnings that is given as a payment to a parent company?

Social Studies
2 answers:
Serggg [28]3 years ago
6 0
A franchise owner's share of earnings given as a payment to a parent company is called a royalty. In most cases, royalties are designed to compensate the owner for the asset's use, and they are legally binding. Hope this helped!
Natalka [10]3 years ago
6 0

Answer: it is called a royalty

Explanation: A royalty is a payment to an owner for the evolving use of their asset or property, such as patents, copyrighted works, franchises, or natural resources. The legal owner of the property, patent, copyrighted work, or franchise receives a royalty payment from licensees or franchisees who wish to make use of it to generate revenue. In most cases, royalties are designed to recompense the owner for the asset's use, and they are legally binding.

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4 years ago
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